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07-26-2011 CC RPT 23
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7/21/2011 3:54:14 PM
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City Council Reports
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07-26-2011 CC RA AGENDA
(Superseded by)
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\City Council Agendas\2010-2019\2011
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years, the monthly rent will be the minimum rent ($1,672 plus CPI for years two through five) or 7% <br />of gross receipts, whichever is higher. <br />FISCAL IMPACT <br />It is estimated that the Airport will receive $22,000 during the first year of the Agreement. <br />Prepared by: Mark S. Ripley, Airport Director <br />Certified as to availability <br />of funds: Paul C. Sundeen, Assistant City Manager /CFO /Treasurer <br />Approved by: Deanna Lorson, Assistant City Manager <br />for Bradley J. Hudson, City Manager <br />Approved as to form: Gregory P. Priamos, City Attorney <br />Attachments: <br />1. Lease Agreement <br />2. Unapproved Airport Commission of July 13, 2011 <br />23 -2 <br />
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